USDCHF hits the waited target – Analysis - 31-10-2018
Economies.com
2018-10-31 04:44AM UTC
The USDCHF price succeeded to touch our main waited target at 1.0055 and settles there, getting continuous positive support by the EMA50, which supports the chances of breaching the mentioned level to open the way to extend the bullish wave on the short term basis, to reach the next targets at 1.0105 followed by 1.0170 levels mainly.
Therefore, we expect the continuation of the bullish trend in the upcoming sessions unless breaking 0.9945 level and holding below it.
Expected trading range for today is between 1.0000 support and 1.0120 resistance.
Expected trend for today: Bullish
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